MarketsTrading Forex Broker

marketstrading Forex Broker - Complete Information Guide

1. Broker Overview

　　Markets.com, established in 2008, is a globally recognized online trading platform that operates under the umbrella of Finalto Group, which is part of Playtech PLC, listed on the London Stock Exchange. The company is headquartered in Cyprus and has expanded its operations to various financial hubs worldwide, including the UK, South Africa, and Australia.

　　The primary market served by Markets.com includes retail traders and institutional clients, offering a comprehensive suite of trading instruments and services. Over the years, the broker has evolved significantly, marked by key milestones such as its rebranding from GFC Markets to Markets.com in 2010, and its recognition as a leading Forex and CFD provider, winning multiple awards for its innovative trading solutions.

　　Markets.com operates on a market maker model, facilitating trading in a wide array of financial instruments, including Forex, commodities, indices, stocks, and cryptocurrencies. With a user-friendly interface, the platform caters to traders of all experience levels, from beginners to professionals, providing them with the tools necessary for effective trading.

2. Regulatory and Compliance Information

　　Markets.com is regulated by several top-tier financial authorities, ensuring a secure trading environment for its clients. The primary regulators include:

• Financial Conduct Authority (FCA), UK - License Number: 607305
• Australian Securities and Investments Commission (ASIC) - License Number: 424008
• Cyprus Securities and Exchange Commission (CySEC) - License Number: 092/08
• Financial Sector Conduct Authority (FSCA), South Africa - License Number: 46860
• British Virgin Islands Financial Services Commission (FSC) - License Number: SIBA/L/14/1067

　　These regulatory bodies oversee the brokers operations, ensuring compliance with strict financial standards. Client funds are held in segregated accounts, providing an additional layer of protection. Markets.com also participates in investor compensation schemes, offering coverage of up to €20,000 under CySEC and £85,000 under FCA regulations.

　　To maintain compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, Markets.com implements rigorous verification processes for all clients, requiring identification and proof of residence before account activation.

3. Trading Products and Services

　　Markets.com offers a diverse range of trading products, catering to various investment strategies. The broker provides access to over 2,200 CFDs across multiple asset classes, including:

• Forex: A wide selection of 56 currency pairs, including major, minor, and exotic pairs.
• CFDs: Various categories such as indices, commodities, stocks, and cryptocurrencies.
• Unique Products: Markets.com also offers innovative blends, which are collections of related assets, allowing traders to diversify their portfolios effectively.

　　The platform continually updates its product offerings, ensuring that traders have access to the latest market opportunities. Retail trading services are complemented by institutional services for larger clients, including white-label solutions and asset management.

4. Trading Platforms and Technology

　　Markets.com supports multiple trading platforms to accommodate different trading preferences. The broker offers:

• MetaTrader 4 (MT4) and MetaTrader 5 (MT5): Both platforms are well-regarded for their advanced charting capabilities, automated trading features, and extensive analytical tools.
• Proprietary Web Platform: The Markets.com platform is designed for ease of use, providing a seamless trading experience without the need for downloads.
• Mobile Trading App: Available for both iOS and Android devices, the app allows traders to manage their accounts and execute trades on the go.

　　The broker employs an ECN execution model, ensuring that trades are executed quickly and efficiently. Its robust technological infrastructure is supported by servers located in secure data centers, enhancing trade execution speed and reliability. API access is also available for traders interested in automated trading solutions.

5. Account Types and Trading Conditions

　　Markets.com offers various account types to cater to different trading needs:

• Standard Account: Requires a minimum deposit of $100, with competitive spreads starting from 0.6 pips and no commissions on trades.
• Professional Account: Designed for experienced traders, offering higher leverage of up to 1:300 and additional trading features.
• Islamic Account: Compliant with Sharia law, ensuring no interest is charged on trades.
• Demo Account: Available for all clients, allowing new traders to practice their strategies with virtual funds.

　　Leverage varies by account type and region, with retail clients typically offered leverage up to 1:30 in compliance with regulatory standards. The minimum trade size is 0.01 lots, and overnight fees are applicable on open positions.

6. Fund Management

　　Markets.com provides a range of funding options for deposits and withdrawals:

• Supported Deposit Methods: Includes bank wire transfers, credit cards, and e-wallets such as Skrill and Neteller.
• Minimum Deposit Requirement: Set at $100 for all account types.
• Deposit Processing Time: Typically ranges from 24 hours for credit cards to 1-5 business days for bank transfers.
• Deposit Fees: Markets.com does not charge deposit fees, although external payment providers may impose their own charges.

　　Withdrawals can be made through the same methods used for deposits, ensuring a streamlined process. The withdrawal processing time generally takes 2-5 business days, and there are no withdrawal fees associated with the broker.

7. Customer Support and Educational Resources

　　Markets.com prides itself on providing excellent customer support across multiple channels:

• Support Channels: Available via telephone, email, live chat, and social media.
• Service Hours: Customer support is operational 24/5, covering major time zones.
• Multilingual Support: The broker offers support in several languages, including English, Spanish, French, German, and Arabic.

　　Educational resources are abundant, featuring webinars, tutorials, and a comprehensive knowledge base to help traders improve their skills. Market analysis services, including daily reports and news updates, are also provided to keep traders informed.

8. Regional Coverage and Restrictions

　　Markets.com services clients from various regions around the globe, with specific operational offices in:

• United Kingdom
• South Africa
• Australia
• Cyprus

　　However, the broker does not accept clients from certain countries, including the United States, Canada, Japan, Belgium, and Russia. This restriction is primarily due to regulatory limitations and compliance with local laws.

　　In summary, Markets.com is a reputable broker that offers a comprehensive trading experience with a wide range of products, robust regulatory oversight, and excellent customer support. With its competitive trading conditions and user-friendly platforms, it continues to be a preferred choice for traders worldwide. The marketstrading broker stands out for its commitment to security, innovation, and client satisfaction, making it a reliable option for both new and experienced traders alike.